Budget 2024-25: Divestment, dividend targets for FY25 likely to be retained

The Indian government is expected to maintain its revenue target of ₹1 lakh crore for FY25 from disinvestment, asset monetisation, and dividends from non-financial central public sector enterprises (CPSEs), according to senior officials. The interim budget in February grouped disinvestment and asset monetisation under 'miscellaneous capital receipts', aiming for ₹50,000 crore this fiscal, alongside ₹48,000 crore from CPSE dividends. Despite strong CPSE performance and higher-than-expected FY24 dividends, the target will likely remain unchanged to ensure realistic projections. Final decisions on asset monetisation will be made before the full budget presentation on July 23.